INVESTING IN YOUR BRAND LONG TERM
You can find professional designers locally or elsewhere who specialize in everything from logos to web designs. While the costs for a logo design range from $5 (looking at you Fiverr) to well over $1000, it’s important to assess not only a designer’s skillset but also how well they understand your business.
To give you some perspective on how much is normally allocated towards a small business’s annual marketing budget, it hovers around 3 and 8% of the total revenue. For larger businesses and depending on the industry, this number jumps from 8% to over 20%. These numbers are a good indicator of how much one needs to invest to ensure that their marketing strategy is on point year after year.
When working with any designer, they have to be just as invested in the success of your business as you are. While they (usually) won’t be there to help you run the day to day operations a graphic designer will be the starting point to organizing how your brand is shown to the world. |